Where common sense economics meets mainstream myth

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Many libertarians are already convinced that the private market can do anything the government can do, only more efficiently. There’s the historical example about Lysander Spooner outperforming the US Postal Service in the 18th century. Wherein he was so efficient at delivering the mails at a cheaper rate and to his customers’ front door, that…

Of all of the articles I have written, this one has pained me the most to write. In it, I will have to site and at times defend John Maynard Keynes, not his “General Theory”, but another paper he wrote in 1930 titled, “Economic Prospect of our Grandchildren“. If you haven’t read it, please read…

Clinical psychologist Jordan Peterson has taught all free-marketeers something valuable; the English language must remain laissez-faire. His stance against Canada’s mainstream academia, more precisely, their insistence that the student body and faculty address each other using new “non-binary pronouns” has raised Jordan Peterson to a level of notoriety. But, does Dr. Peterson even know he’s…

If you’re a frequent user of social media platforms you’ve probably noticed something akin to being watched or even monitored. Suddenly, an advertisement appears for a product you might have reviewed on Amazon or eBay. A series of videos appears to the right of your YouTube page relating to something you’ve watched days earlier. Facebook…

Source: Rights being eroded Recently I had read a blog from Libertarian57, in this article, he asked the reader to share their thoughts on how our rights are being eroded. Here was my response, A good post and a good question. I had lived and worked in Berlin Germany, back when it was still West…

As Hurricane Harvey, now tropical storm Harvey, makes its way across the southern US, estimates have already come in as to the cost of the storm. According to AccuWeather, Harvey is expected to cost upwards of $190 billion in damages, one percent of the national GDP. This makes Harvey the costliest storm ever to hit the United…

Psychologists and psychiatrists, over the recent years, have uncovered a phenomenon they call, “pathological altruism”. They describe how someone may have such an insatiable desire to help someone else, that they may actually be doing the recipient of that help more harm than good, without realizing it. Free marketeers have witnessed and described this very same behavior…

A quick update to all the readers of the BCE, I am currently adding audio to the bottom of each article. You will begin to find an audio widget at the end of each article for those who may be seeing impaired, short of time, or just would rather listen to a British guy read…

If you’ve ever seen a nature program on TV, undoubtedly you’ve seen how the secondary predators, like jackals, hyenas, and baboons bring down their prey differently than the larger predators, namely that one crushing death bite to the throat. Rather, they slowly wear down their prey until the whole pack is able to descend upon the poor creature…

We are experiencing the Hegelian dialectic in real time. Let us consider the recent scandal that quickly blew into something of monstrous proportions in the alternative media known as Pizzagate. For those who have been living under a rock, Pizzagate involves two Washington DC pizzerias, Comet Ping Pong Pizza and Besta Pizza. Through the Wikileaks email…

American culture can teach us historical lessons without us even realizing it. We are all familiar with the chorus of the song, “Sixteen Tons” where it goes, “I owe my soul to the company store”. The song describes the mining “company towns” of the day. Due to the isolation of these towns, the low amount…

As always in an election year, the public clamors for more jobs. Understandably, being unemployed for any reason is a deplorable (did I just use that word?) position to find oneself in. Politicians promise more jobs. But does the market call for more jobs or more production?